Pincon Spirit (NSE:PINCON) Equity-to-Asset: 0.32 (As of Sep. 2017)

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What is Pincon Spirit Equity-to-Asset?

Pincon Spirit NSE:PINCON Equity-to-Asset is 0.32 as of Sep. 2017.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Pincon Spirit's Total Stockholders Equity for the quarter that ended in Sep. 2017 was ₹2,051 Mil. Pincon Spirit's Total Assets for the quarter that ended in Sep. 2017 was ₹6,418 Mil. Therefore, Pincon Spirit's Equity to Asset Ratio for the quarter that ended in Sep. 2017 was 0.32.

The historical rank and industry rank for Pincon Spirit's Equity-to-Asset or its related term are showing as below:

NSE:PINCON's Equity-to-Asset is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 0.53
* Ranked among companies with meaningful Equity-to-Asset only.

Pincon Spirit  (NSE:PINCON) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Pincon Spirit Equity-to-Asset Related Terms


Pincon Spirit Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Pincon Spirit's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Pincon Spirit Equity-to-Asset Chart

Pincon Spirit Annual Data
Trend Mar14 Mar15 Mar16 Mar17
Equity-to-Asset
0.32 0.22 0.22 0.26

Pincon Spirit Semi-Annual Data
Mar14 Mar15 Mar16 Sep16 Mar17 Sep17
Equity-to-Asset Get a 7-Day Free Trial 0.22 0.22 0.28 0.26 0.32

NSE:PINCON vs THST, JCTG, VDKB: Equity-to-Asset Comparison

For the Beverages - Wineries & Distilleries subindustry, Pincon Spirit's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pincon Spirit Equity-to-Asset vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Pincon Spirit's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Pincon Spirit's Equity-to-Asset falls into.



Pincon Spirit Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Pincon Spirit's Equity to Asset Ratio for the fiscal year that ended in Mar. 2017 is calculated as

Equity to Asset (A: Mar. 2017 )=Total Stockholders Equity/Total Assets
=1469.498/5586.76
=0.26

Pincon Spirit's Equity to Asset Ratio for the quarter that ended in Sep. 2017 is calculated as

Equity to Asset (Q: Sep. 2017 )=Total Stockholders Equity/Total Assets
=2051.353/6417.895
=0.32

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.32 mean?
Pincon Spirit (NSE:PINCON) has a Equity-to-Asset of 0.32 as of Sep. 2017. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Pincon Spirit and its competitors.
Is Pincon Spirit's Equity-to-Asset too high?
Pincon Spirit's current Equity-to-Asset is 0.32. The Beverages - Alcoholic industry median Equity-to-Asset is 0.53. Pincon Spirit's value of 0.32 is 39.6% below this industry median.
How does Pincon Spirit's Equity-to-Asset compare to THST and JCTG?
Pincon Spirit's Equity-to-Asset of 0.32 can be compared against companies in the Beverages - Alcoholic industry. The industry median Equity-to-Asset is 0.53. Pincon Spirit's value of 0.32 is 39.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Beverages - Alcoholic company?
The median Equity-to-Asset among Beverages - Alcoholic companies is 0.53, based on 212 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pincon Spirit's current Equity-to-Asset of 0.32 is 39.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Pincon Spirit and its competitors. For the Beverages - Alcoholic industry, the median Equity-to-Asset is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pincon Spirit's current Equity-to-Asset is 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pincon Spirit stock overvalued right now?
Pincon Spirit (NSE:PINCON) has a current Equity-to-Asset of 0.32. The current Equity-to-Asset is 0.32 and 39.6% below the Beverages - Alcoholic industry median of 0.53. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Pincon Spirit (NSE:PINCON), the current Equity-to-Asset is 0.32 as of Sep. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Pincon Spirit Business Description

Address Number 103, 3rd Floor, Samskruthi Chambers, K.H Road, Shanthi Nagar, Bengaluru, KA, IND, 560027
Pincon Spirit Ltd is engaged in blending, bottling and wholesale distributions of Indian Made Foreign Liquor (IMFL), Indian Made Indian Liquor (IMIL) and refining, packaging and wholesale distributions of fast moving consumer goods. The company derives its revenue from its Indian Made Foreign Liquor (IMFL), Indian Made Indian Liquor (IMIL) segment. The Edible oils business segment is engaged in the manufacture of edible oils and the Company owns a refining and packaging unit.